Market Overview
Home Prices in Maywood, IL
The median home value in Maywood, IL is $263,691 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.5% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Maywood are priced36% below average. Maywood is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Maywood home values have risen by approximately21.5%, reflecting strong long-term appreciation in this market.
Price History
Maywood Home Price Trend
City Comparison
Maywood vs. National Median
At $263,691, homes in Maywood cost 36% below the national median of $410,000. This makes Maywood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Maywood?
20% Down Payment
$52,738
on $263,691
Monthly P&I
$1,375/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,746/mo
incl. taxes & insurance
Income Needed
$69,840
gross annual (30% rule)
10% Down Option
$26,369
+ PMI applies
Loan Amount (20% dn)
$210,953
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Maywood, IL?
The median home value in Maywood is $263,691 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.5% year-over-year.
How much have home prices changed in Maywood?
Over the past year, home values in Maywood have increased by 8.5%. Over five years, prices have risen approximately 21.5%.
How much do I need to earn to buy a home in Maywood?
To comfortably afford the median home price of $263,691 with a 20% down payment ($52,738) at today's rates (6.8%), you'd need a gross annual income of approximately $69,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Maywood compare to the national average home price?
The national median home value is approximately $410,000. At $263,691, homes in Maywood are 36% below the national average.
What metro area is Maywood part of?
Maywood is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.